Desai Advisers Private Limited

Desai Advisers Private Limited - business outsourcing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U74140KL2002PTC015289 Incorporated 06 March 2002 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company business outsourcing
Revenue · FY 2024
₹7.2 Lakh
▼ 8% YoY
Net loss · FY 2024
₹5.08 Lakh
Net margin -70.6%
EBITDA · FY 2024
-₹5.08 Lakh
EBITDA margin -70.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹59.4 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings

About Desai Advisers Private Limited

Data last updated:

Desai Advisers Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 March 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2002PTC015289.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Siddharth V Desai and Purnima Virendrakumar Desai.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 64/2715 (Old No. 36/2342) F3(Part) 2nd Floor Dd Trade Tower Kk Road Kaloor Ernakulam, 682017, Kerala, India – 682017.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.2 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹5.08 Lakh (net margin -70.6%) and EBITDA of -₹5.08 Lakh (EBITDA margin -70.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹59.4 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140KL2002PTC015289
Registration Number 015289
Incorporation Date 06 March 2002
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Desai Advisers Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.

  • Email
  • Registered Address
    64/2715 (Old No. 36/2342) F3(Part) 2nd Floor Dd Trade Tower Kk Road Kaloor Ernakulam, 682017, Kerala, India – 682017
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Desai Advisers Private Limited, buy the company report.

Comprehensive company report
Desai Advisers Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Desai Advisers is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Desai Advisers Private Limited, buy the company report.

Financials of Desai Advisers Private Limited

FY 2025 filings available

Desai Advisers Private Limited reported revenue of ₹7.2 Lakh (down 8% YoY) for FY 2024.

Revenue · FY 2024
₹7.2 Lakh ▼ 8%
Net loss · FY 2024
₹5.08 Lakh margin -70.6%
EBITDA · FY 2024
-₹5.08 Lakh margin -70.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 250%
3 years · compounded
▼ 65%
5 years · compounded
▼ 35%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 8% fall in the latest year. EBITDA fell 250% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.08 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-70.6%
Net Profit Margin-70.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Desai Advisers Private Limited, buy the company report.

Board of directors of Desai Advisers Private Limited

Desai Advisers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddharth V DesaiDirector21 Jul 201511 Years 3 MonthsCurrent
Purnima Virendrakumar DesaiDirector31 Mar 200917 Years 7 MonthsCurrent

Auditor

Desai Advisers Private Limited is audited by G VENUGOPAL KAMATH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
G VENUGOPAL KAMATH & COFY 2021004674S

Shareholding

The shareholding of Desai Advisers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Desai Advisers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹59.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹39.45 Cr
State Bank of India₹19.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jun 2025101123688Others₹15 CrOpen
07 Jun 2025101108695State Bank of India₹12.5 CrOpen
07 Mar 2023100710524State Bank of India₹5.52 CrOpen
11 Nov 2022100652242Others₹6.45 CrOpen
11 Nov 2022100670596State Bank of India₹20 LakhOpen

To see the full charge records of Desai Advisers Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Desai Advisers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Desai Advisers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Desai Advisers Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Veerendrakumar Ratilal Desai ceased to be Managing Director on 07 Jan 2022.

AGM
Desai Advisers Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 101123688 was registered on 23 Jun 2025.
Charges
A charge with State Bank Of India amounted to Rs. 1,250.00 Lakh with Charge ID 101108695 was registered on 07 Jun 2025.
Filing
Desai Advisers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 552.00 Lakh registered on 07 Mar 2023 with Charge ID 100710524 was modified on 18 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 552.00 Lakh with Charge ID 100710524 was registered on 07 Mar 2023.
Charges
A charge with Others of Rs. 645.00 Lakh registered on 11 Nov 2022 with Charge ID 100652242 was modified on 25 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 100670596 was registered on 11 Nov 2022.
Charges
A charge with Others amounted to Rs. 645.00 Lakh with Charge ID 100652242 was registered on 11 Nov 2022.
Charges
A charge with Others amounted to Rs. 1,800.00 Lakh with Charge ID 100640957 was registered on 26 Oct 2022.
Charges
A charge with State Bank Of India amounted to Rs. 150.00 Lakh with Charge ID 100581930 was registered on 28 Feb 2022.
Charges
A charge with State Bank Of India amounted to Rs. 23.00 Lakh with Charge ID 100581931 was registered on 28 Feb 2022.

6 earlier events are in the company report.

Frequently asked questions

Desai Advisers is an active private limited company based in Ernakulam, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 March 2002 (24+ years old) and is registered under CIN U74140KL2002PTC015289.

Desai Advisers has 2 current directors:

The latest financial statements of Desai Advisers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Desai Advisers is U74140KL2002PTC015289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Desai Advisers was incorporated on 06 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.

Veerendrakumar Ratilal Desai ceased to be Managing Director on 07 Jan 2022. Siddharth V Desai ceased to be Additional Director on 30 Jul 2015. Siddharth V Desai was appointed as Director on 21 Jul 2015. Desai Advisers has 5 board changes on record in total.

The registered office of Desai Advisers is at 642715 Old No. 362342 F3Part 2nd Floor Dd Trade Tower Kk Road Kaloor Ernakulam, 682017, Kerala, India – 682017.

Desai Advisers operates in the business outsourcing industry, in the business and IT consulting segment.

Desai Advisers has open charges of ₹59.4 Cr and no satisfied charges on record as per latest MCA filings.

The compliance status of Desai Advisers is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.